Sole trader or Limited company
I’m in full time employment and I’m going to start a business in my spare time. The nature of my business is installing security systems such as intruder alarms and cctv. I have secured work from a larger company and I will be sub contracting to them at the weekends and evenings. My question is as I’m still in full time employment how should I register my new business with the HMRC? Sole trader or Limited company?
Thank you for your questions. In this particular situation, you may want to defer to your local attorney/solicitor for guidance in deciding what would be best for you and your business.
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